The farm gate price of a kilo of palay continued to rise in January, according to data released Wednesday by the Philippine Statistics Authority, which is a boon for farmers but a bane for rice consumers.
Local output growth measured as the gross domestic product (GDP) is forecast to ease further this year to 5.4 percent, lower than last year's growth print of 5.6 percent, analysts at the Manila unit of the Dutch giant ING said on Monday.
The government already spent in 11 months P1.02 trillion of its commitment to spend P1.33 trillion in various public infrastructures in 2023, Budget Secretary Mina F. Pangandaman said on Sunday.
Foreign investments approved by various investment promotions agencies reached P394.45 billion in the fourth quarter, more than double the P173.61 billion in the year-earlier period even though a number of IPAs didn’t report any approvals during the period.
The Department of Transportation (DOTr) has increased the student fare discount on LRT-1, LRT-2, and MRT-3 from 20 percent to 50 percent, effective starting today, Friday. The move, announced by Transportation Secretary Vince Dizon at LRT-2 Antipolo Station, follows President Ferdinand Marcos Jr.'s directive to ease students' transportation costs for the school year.
PLDT Inc. has launched a grassroots campaign aimed at bolstering cybersecurity and protecting critical telecommunications infrastructure by engaging local communities. The initiative debuted in Barangay Bangkal, Makati City, with the active involvement of PLDT’s Asset Protection Division, led by Willie Antalan, and local officials including Barangay Captain Virgilio Hilario III.
Converge ICT Solutions Inc., a leading fiber broadband provider, reinforced its corporate social responsibility and digital advocacy by extending online fraud awareness training to educators, highlighting its broader commercial commitment to safe digital environments.
SM Retail, the retail arm of SM Investments Corporation, received the Privacy Management Program Award from the National Privacy Commission (NPC) at the National Data Privacy Conference, in recognition of its industry-leading commitment to data protection and compliance with the Data Privacy Act of 2012.